IDEAS
OF THE DAY (SEE SEPARATE
REPORTS FOR DETAILS)
l
Sector
Update: Media
l
Results
Note: AHB, JCY
l
Quick
Bites: TRC
l
On
Our Radar: ECS
l
On
Our Technical Watch: TNLOGIS, JTIASA
NEWS HIGHLIGHTS
l
Tropicana
to dispose of mall, office block (Comment included in Kenanga Today)
l
MAS
will not be privatised, says Najib
l
Tiong
Nam
1Q profit jumps 739% to RM15m
l
Sarawak Energy to award RM1.0b deals soon
l
Hap
Seng profit almost doubles
l
Tambun
Indah Q2 earnings up 47.3% to RM13.98m
l
Sumatec
issued with UMA query
FOREIGN NEWS HIGHLIGHTS
l
Boeing
undercuts rivals in South
Korea fighter contest: sources
l
NAB
3Q profit up 7% on mortgages, lower bad debt cost
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
l Government Intervention Needed To Correct Investment
Imbalance Between Malaysia
And China
l Japan’s Exports Rise Most Since ’10 As Deficit Swells
l Thailand 's Economy
Falls Into Recession
l Payrolls Rose In 32 U.S. States In July
l Obama Focuses On Risk Of New Bubble Undermining Broad
Recovery.
l Spain Bad Loan Ratio Rises To Record In June
l Russian Consumer Demand Strengthens In Sign Of
Resilience
Currencies
l Dollar Edges Up; Indian Rupee Hits New Low
Commodities
l Brent Oil Hit By Profit-Taking But Supported By Egypt
l Gold Falls On Worries Over Fed Stimulus Curb